2019 Spinal Surgery Devices Market Size | Share Covers Emerging Technologies, Market Growth Rate, CAGR%, Development History, Forecast to 2024
Spinal Surgery Devices Market research report gives in-depth information on the Business Overview, Policy, Regional Market, Production Development, Sales, Regional Trade, Business Operation Data, Market Features, Investment Opportunity, Investment Calculation and other important aspect of the industry.
The main objectives of the research report elaborate the overall market overview on Spinal Surgery Devices market dynamics, historic volume and value, robust market methodology, current & future trends, Porter’s Five Forces Analysis, upstream and downstream industry chain, new technological development, cost structure, government policies & regulations, etc.
Scope of the Report:
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Key Insights of Spinal Surgery Devices Market:
- Complete in-depth analysis of the Spinal Surgery Devices
- Important changes in market dynamics.
- Segmentation analysis of the market.
- Emerging segments and regional markets.
- Historical, on-going, and projected market analysis based on volume and esteem.
- Assessment of niche industry players.
- Market share analysis.
- Key strategies of major players
Spinal Surgery Devices Market Segmentation by Top Key Players:
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Key Market Trends:
Spinal Fusion is Expected to hold its Highest Market Share in the Device Type Segment
In the device type segment of the spinal surgery devices market, spinal fusion is believed to have the largest market size and is expected to witness a CAGR of 5.05%, during the forecast period.
The spinal fusion device type is sub-segmented into instrumented and non-instrumented spinal fusion, cervical fusion, interbody fusion, and lumbar fusion. Many products in the market provide conventional, yet effective treatments to patients suffering from lumbar spinal stenosis, along with alternative advanced treatments for decompression spine surgery. The major market players manufacture both anterior and posterior dynamic stabilization devices for the lumbar spine. Moreover, many clinical trials are in the process for further development. This factor is likely to offer various benefits to the market studied. A major share of the market studied is occupied by posterior screw fusion systems, due to their increased usage. The share of the same is expected to increase over the forecast period, registering a healthy CAGR.
North America Dominates the Market and Expected to do the Same during the Forecast Period
North America currently dominates the market for spinal surgery devices and is expected to continue its stronghold for a few more years. The United States holds the largest share of the market. According to a survey conducted in the United States, by the National Centre for Health Statistics, more than 65 million Americans suffer from lower back problems, every year. Moreover, in terms of surgery type, spinal fusion has a higher risk of infection and readmission to the hospital, and there is no evidence that it provides greater benefit to patients. However, its use increased by 67% among Medicare patients and is now more common than spinal decompression.
The US segment of the market studied is expected to grow, due to a general shift in the trend toward more minimally invasive surgeries in the spinal implant market, over the forecast period.
Spinal Surgery Devices Market Provides The Following:
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Spinal Surgery Devices Market Covers Following Points in TOC:
- Chapter 1: Spinal Surgery Devices Market Definition
- Chapter 2: Research Methodology of Spinal Surgery Devices Market
- Chapter 3: Spinal Surgery Devices Market Executive Summary
- Chapter 4: Spinal Surgery Devices Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
- Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
- Chapter 6: Spinal Surgery Devices Market Segmentation by Types, End-User, and Applications Forecast to 2024
- Chapter 7: Spinal Surgery Devices Market Segmentation by Geographical Regions
- Chapter 8: Competitive Landscape of Spinal Surgery Devices Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
- Chapter 9: Key Players for Spinal Surgery Devices Market
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